22nd Century Group, Inc.
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XXII Promotional Newsletter
The following is a newsletter released by "Ultimate Stock Alerts" promoting 22nd Century Group, Inc.
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New Alert 22nd Century Group, Inc. NYSE XXII
XXII is a leading plant biotechnology company focused on technologies that alter the level of nicotine in tobacco plants and the level of cannabinoids in hempcannabis plants through genetic engineering, gene-editing, and modern plant breeding.
The companys primary mission in tobacco is to reduce the harm caused by smoking through the Companys proprietary reduced nicotine content tobacco cigarettes containing 95% less nicotine than conventional cigarettes.
In addition, the companys primary mission in hempcannabis is to develop and commercialize proprietary hempcannabis plants with valuable cannabinoid profiles and desirable agronomic traits.
Sadly, according to the American Lung Association
While overall cigarette use declined by 26% over the past decade, 91% of that decline was due to non-menthol cigarettes.
Moreover, smoking is the number one preventable cause of death in the U.S., killing over 480,000 people per year.
Despite this, the popularity of these products has been growing
In 2020, disposable e-cigarette use skyrocketed by 1,000% among high school e-cigarette users from 2.4% to 26.5% and 400% among middle school e-cigarette users from 3% to 15.2%.
More than 23.6% of high school students in the U.S. use at least one tobacco product, including e-cigarettes, according to the 2020 National Youth Tobacco Survey
As the company recently explained
22nd Centurys reduced nicotine content RNC cigarettes, VLN King and VLN Menthol King, contain levels of nicotine content that are minimally or non-addictive, unlike conventional cigarettes that are designed to create and sustain addiction to nicotine.
Made from proprietary tobacco engineered to contain 95% less nicotine than conventional cigarette tobacco, 22nd Centurys RNC cigarettes are the only combustible tobacco products able to meet the nicotine levels proposed in the FDAs ANPRM for a tobacco product standard reduce the nicotine content of all combustible cigarettes.
The company has announced multiple potentially significant accomplishments recently.
In May, the company announced
22nd Century Group Installs State-of-the-Art Nicotine Testing Equipment to Enhance VLN Production
Here are the comments from this press release
This is an important investment and milestone for 22nd Century, as it is imperative to the launch of VLN and the future of the organization that we have the ability to rapidly conduct high-precision analysis of our own products at higher testing volumes, says James A. Mish, chief executive officer of 22nd Century Group.
With these expanded capabilities in place, we have a fully integrated business unit, able to monitor and control the results from growing, blending, and manufacturing of our reduced nicotine content cigarettes. In addition, by having the entire testing process managed within 22nd Century, it will improve testing consistency and give us greater ability to manage product quality in-house. By making this investment now, we will be well-positioned for the FDAs authorization of our Modified Risk Tobacco Product MRTP application to market our VLN cigarettes to the public.
In early June, the company announced
Reduced Nicotine Tobacco and Cannabinoid Innovator 22nd Century Group to Be Added to Russell 2000, Russell 3000, and Russell Global Indexes
Here are the companys comments from this press release
It is an honor to join the Russell 2000 Index this year, a meaningful milestone that we believe acknowledges our Companys strong growth and progress on stated initiatives, and reflects the markets confidence in our new leadership team, innovative strategies, and diligent financial execution, said James A. Mish, chief executive officer of 22nd Century Group.
Over the past year, we have taken important strides that have had a significant favorable impact on the value of our Company and our stature and influence in the tobacco and plant science industries. We have built an accomplished, highest caliber leadership team with proven success in high-growth, highly regulated, consumer-facing industries. We have unveiled new strategies leveraging our core strengths in plant science, including positioning our Company as the potential linchpin technology provider in the upstream segment of the cannabinoid value chain as that industry evolves toward mass production. Further, we have taken decisive actions in optimizing our operating structure, while carefully managing our capital resources and securing ample financial runway for the future.
In addition, in June, the company announced
22nd Century Advances Initiatives to Strengthen and Maximize Revenue Opportunities in HempCannabis Franchise
22nd Century Announces Closing of $40 Million Common Stock Registered Direct Offering
22nd Century Group Provides Business Update from CEO Detailing Company Progress Over Past Year and Future Initiatives
Most recently, the company announced
22nd Century Announces Restructuring of Panacea Investment, Expansion of Cannabis Franchise Capabilities
Here are the highlights from this press release
22nd Century Takes Ownership of Needle Rock Farms, Provides North American Cultivation Base of Operations
Here are the companys comments from this press release
This exchange is an exciting leap forward for 22nd Century as we advance our upstream value chain strategy to bring highly disruptive hemp and cannabis plant lines to market. It is also highly attractive to 22nd Century on a financial basis, creating immediate value, asset-backed future value and potential future liquidity from an existing investment, said James A. Mish, chief executive officer of 22nd Century Group.
Needle Rock Farms is a world-class farming operation in a prime growing location where we already have plants in the ground toward our goal of revenue recognition from our cannabis franchise in the second half of 2021. We will also retain access to Panaceas extraction, purification and testing equipment located in Golden, CO for the benefit of our customers.
XXII could be in a position to experience increased growth.
Make sure to do your own due diligence.
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